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We develop a generalized approach to the treatment of household inequality aspects of social welfare in general equilibrium models of trade. We follow a dual approach, highlighting how general equilibrium distributional aspects of social welfare related to import protection may be examined...
Persistent link: https://www.econbiz.de/10010294852
underlying implementation duality. We show how this duality can be used to obtain a sharpening of the taxation principle, to …
Persistent link: https://www.econbiz.de/10011390710
indicator function of the production possibility set. The task of this paper is to apply duality results of this kind to sums of …
Persistent link: https://www.econbiz.de/10010322065
econometrics of interrelated markets. Attempts are made to bring the duality in the representation of the capital service price and …
Persistent link: https://www.econbiz.de/10010330241
The multiple-choice nested knapsack problem (MCKP) is a generalization of the ordinary knapsack problem, where the set of items is partitioned into classes. The binary choice of selecting an item is replaced by taking exactly one item out of each class of items. Due to the fact that the MCKP is...
Persistent link: https://www.econbiz.de/10011558832
The generalized assignment problem (GAP) examines the maximum profit assignment of jobs to processors such that each job is assigned to precisely one processor subject to capacity restrictions on the processors. Due to the fact that the GAP is an NP-hard integer program dual prices are not...
Persistent link: https://www.econbiz.de/10011558833
Firms make labour demand decisions not only between permanent and non-permanent employees but also increasingly more between employees and contractors. Indeed, this third work format can be attractive, also when employment protection law is restrictive. This paper examines empirically this...
Persistent link: https://www.econbiz.de/10011559650
a modification of the Bondareva-Shapley duality. 3. Via an explicit consideration of "coalition building". 4. Via …
Persistent link: https://www.econbiz.de/10012042159
duality in higher education as well as heterogeneous ability of individuals can explain the differences in labor productivity … between tradable and non-tradable industries. The duality in the higher-education sector enables a separation of individuals … words, the productivity gap between tradable and non-tradable sectors is fueled by the duality in higher education, leading …
Persistent link: https://www.econbiz.de/10012057419
Using full-information maximum likelihood on a cross-section sample of 65 hospitals from seven Philippine provinces, this paper jointly estimates a two-output transcendental logarithmic variable cost function and four share equations. Results comply with the inequality conditions and the...
Persistent link: https://www.econbiz.de/10011935760